Apple Inc. announced that it planned to hire 20,000 employees over the next five years, give $2,500 bonuses in restricted stock to its existing employees and invest $30 billion in U.S. facilities over the next five years.
President Trump promptly tweeted, “Great to see Apple follow through as a result of TAX CUTS.” Is Apple hiring 20,000 people, paying $2,500 in stock bonuses and investing $30 billion in U.S. facilities as a result of the tax cuts as the president claimed?
Here is what Tim Cook said when pressed on the question: “There's large parts of this that are results of the tax reform, and there are large parts we would have done in any situation.”
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